What are the responsibilities and job description for the Director of Finance and Accounting (Law Firm) position at W3Global?
Position Overview
We are seeking an experienced Director of Finance & Accounting to lead all financial operations, accounting functions, budgeting, forecasting, financial reporting, and compliance activities for a professional services organization. This role will oversee the accounting team and serve as a strategic partner to executive leadership, providing insights to improve profitability, optimize processes, and ensure regulatory compliance.
Key Responsibilities
We are seeking an experienced Director of Finance & Accounting to lead all financial operations, accounting functions, budgeting, forecasting, financial reporting, and compliance activities for a professional services organization. This role will oversee the accounting team and serve as a strategic partner to executive leadership, providing insights to improve profitability, optimize processes, and ensure regulatory compliance.
Key Responsibilities
- Lead and execute financial strategies aligned with business objectives.
- Manage annual budgeting, forecasting, and variance analysis.
- Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, general ledger, and cash management.
- Direct month-end and year-end close processes and prepare financial statements.
- Manage billing, collections, accounts receivable aging, and cash flow forecasting.
- Oversee trust and operating accounts and ensure compliance with applicable regulations and ethical standards.
- Develop and maintain internal controls to safeguard assets and ensure financial accuracy.
- Partner with external auditors, tax advisors, and banking institutions.
- Monitor working capital, liquidity, and financial performance metrics.
- Deliver financial reports and profitability analysis to executive leadership.
- Identify and implement process improvements and technology-driven solutions to enhance efficiency.
- Supervise, mentor, and develop the accounting team.
- Bachelor's degree in Accounting, Finance, or a related field.
- 10 years of progressive accounting and finance leadership experience.
- Minimum 5 years of experience within a law firm or professional services environment.
- Strong knowledge of trust accounting, billing, collections, budgeting, forecasting, and financial reporting.
- Experience with accounting, time and billing, document management, and legal software platforms.
- Advanced Excel and financial modeling skills.
- Strong understanding of internal controls, tax compliance, and audit processes.
- Excellent analytical, organizational, and communication skills.
- Proven ability to lead and develop high-performing teams.
- CPA, CMA, or MBA.
- Experience managing IOLTA/trust accounts and regulatory compliance.
- Familiarity with legal technology platforms and financial systems.
- Experience leveraging automation and AI tools to improve accounting operations.
Salary : $145,000 - $165,000